Beth Kaufman Comments on Marvel Legend Stan Lee's Elder Abuse Controversy

Financial advisers can draw some key estate-planning lessons from the controversy surrounding Stan Lee, the 95-year-old Marvel Comics legend whose vast fortune is allegedly under attack from financial predators.

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Revocable trusts
Clients who put their assets in a type of trust called a "revocable trust" have better protection against the sort of elder financial abuse allegedly being perpetuated by Mr. Lee's confidantes, said  Beth Shapiro Kaufman, president of the law firm Caplin & Drysdale.

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Excerpt taken from the article "Stan Lee: Estate Planning Takeaways from the Marvel Legend's Elder-Abuse Saga" by Greg Iacurci for InvestmentNews.